CSL 1.15% $312.73 csl limited

Some market commentary from today..DJ CSL Target Price Cut 3.0%...

  1. drg
    3,621 Posts.
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    Some market commentary from today..
    DJ CSL Target Price Cut 3.0% to A$326.00/Share by Goldman Sachs
    CSL Price Target Cut 1.9% to A$265.00/Share by Morgan Stanley

    Morgan Stanley now estimates that blood plasma collections by biopharma giant CSL will be down 25% in the June and September quarters, a worse decline than the 10% Morgan Stanley was previously predicting. Costs are also expected to rise by 5% per liter. Part of the problem is that Florida, California and Arizona, three states where the coronavirus recently accelerated, account for 30% of CSL's plasma-collection capability. Although collection centers are open, the pandemic and related social-distancing measures are making some donors wary. For Australia-based CSL, which reports fiscal 2020 earnings in August, the slowdown in plasma collections will be reflected in future sales, Morgan Stanley says. The investment bank has an equal-weight rating on CSL shares for now.

 
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Last
$312.73
Change
3.545(1.15%)
Mkt cap ! $150.6B
Open High Low Value Volume
$311.01 $313.50 $310.40 $66.85M 214.0K

Buyers (Bids)

No. Vol. Price($)
7 101 $312.72
 

Sellers (Offers)

Price($) Vol. No.
$312.73 111 6
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Last trade - 13.06pm 23/07/2024 (20 minute delay) ?
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